Margaret Thatcher — "It is not the business of government to nationalize industries. It is the busine…"

It is not the business of government to nationalize industries. It is the business of government to keep industries competitive.
Margaret Thatcher — Margaret Thatcher Contemporary · British PM, Iron Lady

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About Margaret Thatcher (1925-2013)

British Prime Minister (1979-1990) whose free-market reforms and confrontation with trade unions defined the late-20th-century right. Closely associated with Ronald Reagan (her closest international ally). For an intellectual contrast, see Tony Benn, Labour cabinet minister and democratic-socialist figurehead — Benn was the loudest parliamentary opposition to Thatcherism throughout the 1980s. His diaries and Thatcher's autobiography are the two opposing histories of the period — Britain's class politics is structured around which view was right.

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Speech to the Conservative Party Conference

Date: 1976

Political

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